🚀 88,000 new millionaires will be created during the 2024 cryptocurrency bull run!
🌟 According to the latest report from Henley Global and New World Wealth, the 2024 cryptocurrency bull run will bring a wave of wealth explosion, and 88,000 new cryptocurrency millionaires are expected to be created! What's even more amazing is that five of the six soon-to-be billionaires made their fortunes in Bitcoin!
📈 Currently, there are 172,000 people in the world who hold more than $1 million worth of cryptocurrency, a 95% surge from last year! We know that Bitcoin hit an all-time high of $73,800 in March, and this wave of bullish sentiment and the issuance of US spot ETFs are expected to make Bitcoin once again usher in its strongest growth since 2020 in this bull run.
🏆 The report also found that the number of multimillionaires (individuals with assets of more than $100 million) increased by 79% to 325 in 2024. Meanwhile, Bitcoin is undoubtedly the biggest driver of billionaire growth, with five of the six new billionaires being Bitcoin investors!
🌐 Crypto-rich people also tend to seek residency in crypto-friendly and tax-favorable countries. Singapore, with its superior regulatory framework and infrastructure, continues to hold the title of "premier crypto hub," while the UAE ranks in the top three with its tax advantages.
💡 Meanwhile, Dominic Volek, head of Henley & Partners' private client group, said: "The crypto millionaires of 2024 don't just want digital wealth, they seek global free flow to match their borderless assets."
🤔 What do you think of the wealth effect brought about by this wave of cryptocurrency bull market? Do you think Bitcoin and other cryptocurrencies are the key to future wealth growth?
💬 If you are a newly minted crypto millionaire, which country would you most like to settle in? Leave your thoughts in the comments!
